2019: Which ICOs Are Now Thriving Firms? (Part 3 of 3)

2019: Which ICOs Are Now Thriving Firms? (Part 3 of 3)

Introduction

P. H. Madore

P. H. Madore has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and has made technical contributions on a number of other cryptocurrency projects. In spare time, he recently began a more personalized, weekly newsletter at http://ico.phm.link

Just like every romantic encounter can produce a child who grows into a billionaire or a janitor, every ICO is creating a company or product which must now navigate its way into the world. In this three-part series, the author makes predictions on a few ICOs he believes will stand the test of time.

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Often during this series, you will notice that the author is an active investor or participant in the thing he is writing about. We hope you keep this in mind when reviewing all forward-looking statements from the author, who is not a registered financial advisor nor wishes you to strictly follow his advice instead of your own intuition.

Aragon

We like Aragon as a long-term ICO play. Aragon has performed okay to date, in terms of token value, but we have to remember that we’re really only at the beginning of this whole blockchain thing. The more companies that want to integrate with the blockchain, the more that Aragon will become important in helping them get there.

We think that this software will probably revolutionize the adoption of the blockchain, at least for some. We think that other plays in this space are bound to do well in addition, because the space is wide open. We will periodically update with more ICOs in this category of long-term plays, but of our top three that we are currently aware of, Aragon certainly makes a nice third.

The importance of Aragon and things like it is hard to understate. In particular, Aragon wants to enable the ease of fundraising through the blockchain. This would limit the number of ICOs by existing companies, which would be nice. In essence, if we’re going to fund ICOs, we want the generation of tokens that are going to hold some value.

As we can see above, the Aragon ICO went well enough. We’re still waiting on it to break the five dollar mark, let alone the ten dollar mark, but again, we call this a long-term play, and now would be a good time to acquire it, at least when it dips. Much like the Basic Attention Token [analysis link], we think that this is a token before its time, but still worth holding – in the same way it would have been prescient to buy and hold Bitcoin, Litecoin, and Dash in 2015.

P. H. Madore

P. H. Madore has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and has made technical contributions on a number of other cryptocurrency projects. In spare time, he recently began a more personalized, weekly newsletter at http://ico.phm.link

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years of trading experience. He covers Forex, Commodities and Cryptocurrencies. He is among the top 10 most Read More

Jonas Borchgrevink

Founder

Jonas Borchgrevink is the founder of Hacked.com and CryptoCoinsNews.com. He is a serial entrepreneur, trader and investor. He shares his own personal journey on Hacked.com. // -- Discuss and ask Read More

Mate Csar

Analyst

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive Read More

Mati Greenspan

Analyst

Senior Market Analyst at Etoro.com. // -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- // Important: Never invest Read More

Rakesh Upadhyay

Analyst

Rakesh Upadhyay is a Technical Analyst and Portfolio Consultant for The Summit Group. He has more than a decade of experience as a private trader. His philosophy is to use Read More

Pamela Meropiali

Account Manager

Pamela Meropiali is responsible for users on Hacked.com. // -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- // Read More

Joseph Young

Journalist

Joseph Young is a finance and tech journalist & analyst based in Hong Kong. He has worked with leading media and news agencies in the technology and finance industries, offering Read More